Section 47-30-4 - Receipt of corporate property without proper accounting entry as theft

47-30-4. Receipt of corporate property without proper accounting entry as theft.Any director, officer, or agent of a corporation, who knowingly receives or possesses property of the corporation, otherwise than in payment of a just demand, and who, with intent to defraud, omits to make or cause to be made a full and true entry thereof in the books or accounts of the corporation, is guilty of a theft. Source: SDC 1939, §13.4311; SL 1983, ch 15, §49.